The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 4/22/23 featuring funding details for Cortica, Ditto,nZero, and eighteen other deals representing $1.2B in new funding that you need to know about.
Noah Medical – $150.0M
San Carlos-based Noah Medical develops medical robotics using its next-generation robotic platform for patient diagnosis and treatment. Founded by Jian Zhang in 2018, Noah Medical has now raised a total of $150.0M in total equity funding and is backed by 1955 Capital, AME Cloud Ventures, Hillhouse Capital, LYFE Capital, Prosperity7 Ventures, Sequoia Capital China, Shangbay Capital, SoftBank Vision Fund, Sunmed Capital, Tiger Global Management, and UpHonest Capital.
Bennie – $12.0M
Stamford-based Bennie is an employee benefits platform that helps companies create a healthier workplace. Founded by Matt Straz in 2019, Bennie has now raised a total of $50.0M in total equity funding and is backed by Motley Fool Ventures.
CoreWeave – $221.0M
Roseland-based CoreWeave is a cloud provider that provides computer resources. Founded by Brannin McBee, Brian Venturo, and Michael Intrator in 2017, CoreWeave has now raised a total of $276.5M in total equity funding and is backed by Daniel Gross, Magnetar Capital, Nat Friedman, and NVIDIA.
Cortica – $75.0M
San Diego-based Cortica provides neurological therapies for children with autism and other developmental differences. Founded by Suzanne Goh in 2014, Cortica has now raised a total of $135.0M in total equity funding and is backed by .406 Ventures, Ajax Health, Aperture Venture Partners, Autism Impact Fund, Deerfield, Echo Health Ventures, Longitude Capital, Optum Ventures, Questa Capital Management, and RA Capital Management.
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
Ditto – $45.0M
San Francisco-based Ditto is a startup that builds incredible Web, Mobile, IoT, and Server apps that can sync with or without the internet. Founded by Adam Fish and Max Alexander in 2018, Ditto has now raised a total of $54.0M in total equity funding and is backed by Acrew Capital, Amity Ventures, True Ventures, and US Innovative Technology Fund.
EcoSoul Home Inc. – $10.0M
Sharon-based EcoSoul Home is a global eco-friendly products company. Founded by Arvind Ganesan and Rahul Singh in 2021, EcoSoul Home Inc. has now raised a total of $10.0M in total equity funding and is backed by Accel and Singh Capital Partners.
EdgeQ – $75.0M
Santa Clara-based EdgeQ is an information technology company that specializes in the field of 5G chip systems. Founded by Vinay Ravuri in 2018, EdgeQ has now raised a total of $126.0M in total equity funding and is backed by 5G Ventures, ClearSky, EDBI, Iron Grey, ST Engineering, Strategic Development Fund, and Yaletown Partners.
Rally – $12.0M
Portland-based Rally is a developer of a checkout payment software for modern brands. Founded by Jordan Gal and Rok Knez in 2020, Rally has now raised a total of $18.0M in total equity funding and is backed by Afore Capital, Alumni Ventures, Commerce Ventures, Felix Capital, Kraken Ventures, and March Capital.
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
Halcyon – $44.0M
Austin-based Halcyon is a cybersecurity business that develops technology to protect enterprise client’s systems from the threat of ransomware. Founded by Jon Miller and Ryan Smith in 2020, Halcyon has now raised a total of $44.0M in total equity funding and is backed by Corner Ventures, Dell Technologies Capital, Founders Fund, Gula Tech Adventures, and SYN Ventures.
Safe Security – $50.0M
Palo Alto-based Safe Security is a cyber risk management startup that helps organizations mitigate cyber risk in real-time. Founded by Rahul Tyagi, Saket Modi, Vidit Baxi, and Vinu Thomas in 2012, Safe Security has now raised a total of $97.2M in total equity funding and is backed by Eight Roads Ventures, Fidelity Ventures, Sorenson Capital, Telstra Ventures, and Western Technology Investment.
Lexion – $20.0M
Seattle-based Lexion is an AI-powered contract management and operations workflow platform that helps teams get deals done faster. Founded by Emad Elwany, Guarav Oberoi, and James Baird in 2018, Lexion has now raised a total of $35.2M in total equity funding and is backed by Citi Ventures, Khosla Ventures, Madrona, Point72 Ventures, and Wilson Sonsini Goodrich & Rosati.
nZero – $16.0M
Reno-based nZero develops a carbon management platform to connect consumers to energy markets and infrastructure. Founded by Josh Griffin and Josh Weber in 2017, nZero has now raised a total of $16.0M in total equity funding and is backed by Fifth Wall, Henry Kravis, and Piedmont Capital Investments.
Odeko – $53.0M
New York-based Odeko develops a business-grade software platform for small enterprises. Founded by Dane Atkinson in 2019, Odeko has now raised a total of $227.0M in total equity funding and is backed by American Express Ventures, B Capital Group, FJ Labs, GGV Capital, KSV Global, and Tiger Global Management.
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
r2c – $53.0M
San Francisco-based r2c operates as a software security startup. Founded by Drew Dennison, Isaac Evans, and Luke O’Malley in 2017, r2c has now raised a total of $93.0M in total equity funding and is backed by Felicis, Lightspeed Venture Partners, Redpoint, and Sequoia Capital.
Robust.AI – $20.0M
San Carlos-based Robust.AI manufactures robots for warehouses. Founded by Anthony Jules, Gary Marcus, Henrik Christensen, Mohamed Amer, and Rodney Brooks in 2019, Robust.AI has now raised a total of $42.5M in total equity funding and is backed by Energy Impact Partners, Future Ventures, Jazz Venture Partners, Playground Global, and Prime Movers Lab.
SpecterOps – $25.0M
Alexandria-based SpecterOps is a cybersecurity company that provides services and training solutions to help enterprises defend against advanced attacks. Founded by David McGuire, Jason Frank, and Raphael Mudge in 2017, SpecterOps has now raised a total of $25.0M in total equity funding and is backed by Decibel Partners, Dug Song, Jonathan Oberheide, and Kevin Mandia.
Unagi Scooters – $17.3M
Oakland-based Unagi is an electric scooter startup that aims to liberate people from the tyranny of transportation frustrations. Founded by Ben Hongxin, David Hyman, and Jeremy Smith in 2018, Unagi Scooters has now raised a total of $31.0M in total equity funding and is backed by Ecosystem Integrity Fund, Menlo Ventures, and Pure Capital.
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
EquipmentShare – $290.0M
Columbia-based EquipmentShare is an equipment and digital solutions provider serving the construction industry to help contractors accelerate productivity. Founded by Brad Siegler, Jabbok Schlacks, Jeff Lowe, Matthew McDonald, and Willy Schlacks in 2014, EquipmentShare has now raised a total of $654.0M in total equity funding and is backed by BDT Capital Partners, RedBird Capital Partners, Sound Ventures, and Tru Arrow Partners.
Fluree – $10.0M
Winston Salem-based Fluree is an open-source semantic graph database that guarantees data integrity, secure data sharing, and powers connected data insights. Founded by Andrew J. Filipowski and Brian M. Platz in 2016, Fluree has now raised a total of $17.2M in total equity funding and is backed by Augment Ventures, EVE Atlas, Good Growth Capital, Nanban Ventures, Revolution’s Rise of the Rest Seed Fund, SineWave Ventures, and Wavemaker Genesis.
Trullion – $15.0M
New York-based Trullion is an AI-powered accounting automation platform that uses AI to automate workflows for accounting and audit teams. Founded by Amir Boldo and Isaac Heller in 2020, Trullion has now raised a total of $33.0M in total equity funding and is backed by Aleph, Annox Capital, Greycroft, StepStone Group, Third Point Ventures, and Verissimo Ventures.
3d Glass Solutions – $30.0M
Albuquerque-based 3D Glass Solutions provides customers with complete glass-enabled systems integration services. Founded by Jeb Flemming in 2006, 3d Glass Solutions has now raised a total of $66.0M in total equity funding and is backed by Applied Ventures, Cambium Capital Partners, Intel Capital, Lockheed Martin Ventures, MESH, and Walden Catalyst.
The days of DIY APIs are done and gone – get on the GraphQL edge. Join Hasura at The Clancy in San Francisco on Thursday, May 4 to learn about the remarkable development and data access advantages of GraphQL. Our curated lineup of speakers and partners from AWS, Snowflake, and Yugabyte will share how data plus APIs power the modern enterprise. Use code AW100 to claim your complimentary ticket ($99 value) today.
